A Tesla Bull Sees Demand Softening, Cuts Price Target

Elon Musk’s actions with Twitter aren’t the only thing concerning


Tesla


fans as the electric-vehicle stock heads for its worst-ever quarter.

Tesla (ticker: TSLA) is now facing competitive headwinds in the U.S. and China which threaten to leave it missing delivery estimates for the fourth quarter and into 2023, according to Wedbush’s Dan Ives, a long-time Tesla bull.